Foxtons Group Plc Unsponsored ADR (FXTGY)
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Foxtons Group Q2 Earnings Call Highlights
Foxtons Group LON: FOXT reported a 3% decline in first-half revenue as a subdued London sales market and disruption following the implementation of the Renters' Rights Act weighed on results, although the company said its expanded lettings operations continued to provide resilience.
Foxtons Group plc (FXTGY) Q4 2025 Earnings Call Transcript
Foxtons Group plc (FXTGY) Q4 2025 Earnings Call Transcript
Foxtons slides as outlook warns sales will stay subdued
Foxtons Plc (LSE:FOXT) shares fell 5% to 442.4p after the London estate agent struck a cautious tone on its sales outlook, warning that housing transactions are likely to remain muted through the end of the year. The company said uncertainty surrounding the delayed Autumn Budget has caused potential buyers to hold back, leading to “a subdued sales market” and creating a risk that fourth-quarter revenue could fall short of expectations.
Foxtons splits analysts over house market recovery after doubling profit
Foxtons PLC has fetched mixed reviews from analysts after announcing profits more than doubled last year in results on Wednesday. Pre-tax profit surged 121% to £17.5 million, the estate agent said, aided by the likes of rebounding sales and higher lettings revenue.
Foxtons' update to bring house market into focus on Wednesday
Foxtons will be among those updating on Wednesday, as car sales and purchasing managers index figures are also released.
Foxtons staring at stamp duty hike as results approach
Foxtons PLC's full-year figures on Wednesday, March 5 will see the estate agent update just before a hike in stamp duty lands on the market. Warnings have emerged that the hike, which comes into force in April, will spark volatility, after buyers have rushed to complete deals to avoid the tax bill.
Foxtons Staff Faced Groping, Slurs at Property Broker
London property broker Foxtons Group Plc is often seen as an entry point for aspiring real estate agents, but junior employees interviewed by Bloomberg described unwanted touching, drunk-driving, and senior staff who either ignored inappropriate behavior or were complicit. Foxtons says it's concerned about the reports but that it does not recognize allegations that issues are not taken seriously.
Foxtons sees London house buying surge ahead of stamp duty change
London has the highest number of houses under offer since before Brexit as buyers rush to avoid the hike in stamp duty that comes into effect from April, according to Foxtons Plc (LSE:FOXT), the capital's largest estate agent. “The growth in the under-offer pipeline is partly driven by first-time buyer activity ahead of increased stamp duty rates from April 2025, which may result in some buyer activity being accelerated into the first quarter of 2025 ahead of the deadline,” said a statement from the London-listed group.
Foxtons a 'buy' for more market share growth, says mid-cap broker
Foxtons Plc (LSE:FOXT) edged higher on a bullish write-up on London's leading estate agency from mid-cap specialist broker Panmure Liberum. According to the broker, Foxton is delivering significant market share gains, driven “by its systematic sales approach, unique technology platform and strong brand”.
Foxtons targets commuter belt through two new acquisitions
Foxtons Plc (LSE:FOXT) has acquired two lettings-focused estate agents, Haslams and Imagine Property Group, for a total of £12.6 million. Located in Reading and Watford respectively, the purchases further increase Foxtons' presence in the commuter belt following expansion efforts in Guildford and Woking.
Foxtons traded up on latest quarter of revenue growth
London-focussed estate and lettings agent Foxtons Plc (LSE:FOXT) reported its third quarter of revenue growth in a row, with total revenue rising 8% to £47.40 million. Year-to-date revenue increased 10% to £125.90 million.
Is Foxtons Group (FXTGY) Stock Undervalued Right Now?
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